According to the report, the total investment in fintech globally lags far behind the investment in 2019, which was $ 150.4 billion. As of mid-year, total investment in fintech worldwide was $ 25.6 billion.
H1’20 was unlike any time period ever seen before. The rapid emergence of COVID-19 was a major black swan event, sending ripples throughout public markets and driving changes in customer and business behaviors on an unprecedented scale. Given the pandemic, it’s no surprise that deals activity ground almost to a halt, with many of the completed deals in H1’20 hangover from 2019.
Fintech investments highlighted the acceleration of digital trends, such as the use of digital payments and importance of digital business models. This, however, will likely also spur investments in ancillary areas, such as fraud prevention, digital identity management and cybersecurity.
More of facts and results of the research can be obtained by downloading the pdf-file below: